FLEX LNG Ltd. (OSL:FLNG)

FLEX LNG Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	412.68	437.15	410.43	332.33	200.65	128.88
Cash & Short-Term Investments	412.68	437.15	410.43	332.33	200.65	128.88
Cash Growth	11.47%	6.51%	23.50%	65.63%	55.69%	-0.10%
Accounts Receivable	5.18	1.4	0.45	4.86	5.27	4.05
Other Receivables	37.3	24.21	19.48	5.59	9.51	9.83
Receivables	42.48	25.61	19.93	10.45	14.78	13.88
Inventory	4.81	4.82	5.09	5.26	6.45	3.66
Prepaid Expenses	9.15	6.74	7.5	5.94	2.49	11.34
Restricted Cash	0.06	0.05	0.12	0.07	0.52	0.08
Total Current Assets	469.98	474.38	443.06	354.05	224.89	157.85
Property, Plant & Equipment	2,130	2,154	2,217	2,270	2,342	1,856
Long-Term Investments	23.67	40.09	48.83	55.52	5.86	0.11
Other Long-Term Assets	3.49	-	-	-	-	289.6
Total Assets	2,628	2,669	2,709	2,680	2,573	2,304

Liabilities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Accounts Payable	2.47	2	3.51	1.79	2.02	3.37
Accrued Expenses	26.26	0.47	0.36	21.01	12.92	14.31
Current Portion of Long-Term Debt	47.89	106.71	103.87	95.51	86.24	87.9
Current Unearned Revenue	30.6	-	-	32.96	26.87	25.34
Other Current Liabilities	0.28	49.6	45.53	1.93	3.54	0.91
Total Current Liabilities	165.77	158.78	153.27	153.2	131.59	131.83
Long-Term Debt	721.81	676.89	788.05	1,021	841.5	757.19
Long-Term Leases	974.47	1,027	920.22	597.8	710.45	579.82
Other Long-Term Liabilities	3.49	-	-	-	-	-
Total Liabilities	1,866	1,862	1,862	1,772	1,684	1,469

Shareholders' Equity

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Common Stock	0.55	0.55	5.45	5.45	5.41	5.41
Additional Paid-In Capital	1,007	1,088	1,205	1,203	1,189	1,190
Retained Earnings	-241.04	-277.49	-354.87	-293.69	-295.64	-358.91
Treasury Stock	-4.22	-4.22	-7.56	-8.08	-9.45	-1.66
Shareholders' Equity	762.02	806.63	847.65	907.09	889.39	835.18
Total Liabilities & Equity	2,628	2,669	2,709	2,680	2,573	2,304

Additional Metrics

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total Debt	1,802	1,810	1,812	1,715	1,638	1,425
Net Cash (Debt)	-1,390	-1,373	-1,402	-1,382	-1,438	-1,296
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-25.70	-25.41	-25.96	-25.83	-26.95	-23.88
Filing Date Shares Outstanding	54.09	54.09	53.74	53.68	53.13	53.44
Total Common Shares Outstanding	54.09	54.09	53.74	53.68	53.13	53.91
Working Capital	304.21	315.6	289.79	200.85	93.3	26.01
Book Value Per Share	14.09	14.91	15.77	16.90	16.74	15.49
Tangible Book Value	762.02	806.63	847.65	907.09	889.39	835.18
Tangible Book Value Per Share	14.09	14.91	15.77	16.90	16.74	15.49
Machinery	2,529	2,518	2,511	2,500	2,500	1,944

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 14, 2025

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